Wednesday, April 26, 2017
Sacramento Real Estate Video Market Update April - May 2017
Doug Reynolds, a Sacramento Area Realtor, provides a monthly update on the market statistics.
In March, the median price increased to $328,000 compared to $325,000 in February.
More importantly, the median is 6.8% higher than a year ago.
Currently there is 1.1 months worth of inventory. I expect that number to increase more as we approach the spring/summer seasons but not drastically. A “normal” or “balanced market” is considered around 2.5— 3 months.
The homes that are priced right, show well and have a high quality marketing plan are getting sold quickly. However, the properties that are over priced are sitting with little activity until the list price is in line with the true market value. The overpriced properties are having price reductions to try and get more attention.
I’m calling it a “price sensitive sellers market.”
Tuesday, April 25, 2017
Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 4/25/2017
I'M A STATS GEEK AND LOVE ANALYZING THE SACRAMENTO REAL ESTATE MARKET NUMBERS, SO...
EVERY TUESDAY I PROVIDE A QUICK SNAPSHOT OF WHAT'S GOING ON WITH THE MARKET.
CALL/EMAIL/TEXT/OR LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS OR OPINIONS...
ACTIVE INVENTORY
1,543 AVAILABLE HOMES ON THE MARKET
1,452 LAST WEEK
1,460 TWO WEEKS AGO
1,381 THREE WEEKS AGO
1,356 FOUR WEEKS AGO
1,355 FIVE WEEKS AGO
1,394 SIX WEEKS AGO
1,404 SEVEN WEEKS AGO
1,345 EIGHT WEEKS AGO
PENDING INVENTORY
2,243 HOMES CURRENTLY IN ESCROW
2,239 LAST WEEK
2,230 TWO WEEKS AGO
2,184 THREE WEEKS AGO
2,165 FOUR WEEKS AGO
2,139 FIVE WEEKS AGO
1,997 SIX WEEKS AGO
1,898 SEVEN WEEKS AGO
1,871 EIGHT WEEKS AGO
MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
APRIL 2017: SO FAR THIS MONTH - $332,000
MARCH 2017 - $328,000
FEBRUARY 2017 - $325,000
JANUARY 2017 - $305,000
DECEMBER 2016: - $315,000
NOVEMBER 2016 - $325,000
OCTOBER 2016 - $321,000
SEPTEMBER 2016 - $318,500
AUGUST 2016 - $324,000
JULY 2016 - $322,000
JUNE 2016 - $329,000
MAY 2016 - $319,000
APRIL 2016 - $310,000
MARCH 2016 - $307,000
FEBRUARY 2016 - $299,000
JANUARY 2016 - $284,950
DECEMBER 2015 - $297,000
NOVEMBER - $290,885
OCTOBER - $290,000
SEPTEMBER 2015 - $290,000
CLOSINGS FOR THE MONTH
APRIL 2017: SO FAR THIS MONTH - 1,040
MARCH 2017 - 1,407
FEBRUARY 2017 - 1,004
JANUARY 2017 - 1,101
DECEMBER 2016 - 1,530
NOVEMBER 2016 - 1,434
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
Tuesday, April 18, 2017
Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 4/18/2017
I'M A STATS GEEK AND LOVE ANALYZING THE SACRAMENTO REAL ESTATE MARKET NUMBERS, SO...
EVERY TUESDAY I PROVIDE A QUICK SNAPSHOT OF WHAT'S GOING ON WITH THE MARKET.
CALL/EMAIL/TEXT/OR LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS OR OPINIONS...
ACTIVE INVENTORY
1,452 AVAILABLE HOMES ON THE MARKET
1,460 LAST WEEK
1,381 TWO WEEKS AGO
1,356 THREE WEEKS AGO
1,355 FOUR WEEKS AGO
1,394 FIVE WEEKS AGO
1,404 SIX WEEKS AGO
1,345 SEVEN WEEKS AGO
1,367 EIGHT WEEKS AGO
PENDING INVENTORY
2,239 HOMES CURRENTLY IN ESCROW
2,230 LAST WEEK
2,184 TWO WEEKS AGO
2,165 THREE WEEKS AGO
2,139 FOUR WEEKS AGO
1,997 FIVE WEEKS AGO
1,898 SIX WEEKS AGO
1,871 SEVEN WEEKS AGO
1,859 EIGHT WEEKS AGO
MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
APRIL 2017: SO FAR THIS MONTH - $331,250
MARCH 2017 - $328,000
FEBRUARY 2017 - $325,000
JANUARY 2017 - $305,000
DECEMBER 2016: - $315,000
NOVEMBER 2016 - $325,000
OCTOBER 2016 - $321,000
SEPTEMBER 2016 - $318,500
AUGUST 2016 - $324,000
JULY 2016 - $322,000
JUNE 2016 - $329,000
MAY 2016 - $319,000
APRIL 2016 - $310,000
MARCH 2016 - $307,000
FEBRUARY 2016 - $299,000
JANUARY 2016 - $284,950
DECEMBER 2015 - $297,000
NOVEMBER - $290,885
OCTOBER - $290,000
SEPTEMBER 2015 - $290,000
CLOSINGS FOR THE MONTH
APRIL 2017: SO FAR THIS MONTH - 688
MARCH 2017 - 1,407
FEBRUARY 2017 - 1,004
JANUARY 2017 - 1,101
DECEMBER 2016 - 1,530
NOVEMBER 2016 - 1,434
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
Monday, April 17, 2017
Tuesday, April 11, 2017
Sacramento Real Estate Market - Tabulation Tuesday SnapShot - 4/11/2017
I'M A STATS GEEK AND LOVE ANALYZING THE SACRAMENTO REAL ESTATE MARKET NUMBERS, SO...
EVERY TUESDAY I PROVIDE A QUICK SNAPSHOT OF WHAT'S GOING ON WITH THE MARKET.
CALL/EMAIL/TEXT/OR LEAVE A COMMENT BELOW IF YOU HAVE ANY QUESTIONS OR OPINIONS...
ACTIVE INVENTORY
1,460 AVAILABLE HOMES ON THE MARKET
1,381 LAST WEEK
1,356 TWO WEEKS AGO
1,355 THREE WEEKS AGO
1,394 FOUR WEEKS AGO
1,404 FIVE WEEKS AGO
1,345 SIX WEEKS AGO
1,367 SEVEN WEEKS AGO
1,374 EIGHT WEEKS AGO
PENDING INVENTORY
2,230 HOMES CURRENTLY IN ESCROW
2,184 LAST WEEK
2,165 TWO WEEKS AGO
2,139 THREE WEEKS AGO
1,997 FOUR WEEKS AGO
1,898 FIVE WEEKS AGO
1,871 SIX WEEKS AGO
1,859 SEVEN WEEKS AGO
1,784 EIGHT WEEKS AGO
MEDIAN PRICE OF HOMES SOLD FOR THE MONTH
April 2017: so far this month - $337,750
MARCH 2017 - $328,000
FEBRUARY 2017 - $325,000
JANUARY 2017 - $305,000
DECEMBER 2016: - $315,000
NOVEMBER 2016 - $325,000
OCTOBER 2016 - $321,000
SEPTEMBER 2016 - $318,500
AUGUST 2016 - $324,000
JULY 2016 - $322,000
JUNE 2016 - $329,000
MAY 2016 - $319,000
APRIL 2016 - $310,000
MARCH 2016 - $307,000
FEBRUARY 2016 - $299,000
JANUARY 2016 - $284,950
DECEMBER 2015 - $297,000
NOVEMBER - $290,885
OCTOBER - $290,000
SEPTEMBER 2015 - $290,000
CLOSINGS FOR THE MONTH
April 2017: so far this Month - 336
MARCH 2017 - 1,407
FEBRUARY 2017 - 1,004
JANUARY 2017 - 1,101
DECEMBER 2016 - 1,530
NOVEMBER 2016 - 1,434
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
OCTOBER 2016 - 1,584
SEPTEMBER 2016 - 1,647
AUGUST 2016 - 1,799
JULY 2016 - 1,622
JUNE 2016 - 1,815
MAY 2016 - 1,612
APRIL 2016 - 1,554
MARCH 2016 - 1,440
FEBRUARY 2016 - 1,019
JANUARY 2016 - 918
DECEMBER 2015 - 1,573
NOVEMBER - 1,204
OCTOBER - 1,520
SEPTEMBER - 1,601
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